The Omniscient Bulletin · November 13, 2026
Washington turns its scrutiny on Lutnick as neoclouds show the strain of the buildout
With Jensen Huang gone, the Alice Huang affair is reaching further up the chain: a Senate chairman wants both Huang and Commerce Secretary Howard Lutnick to testify, and Singapore says US agencies gave its Megaspeed inquiry only limited help on Supermicro. The AI buildout looks more fragile in the filings, where a withdrawn grid connection cost Nscale a Microsoft contract and Nebius guided to the low end of its range over delayed capacity, though Cerebras raised its outlook. Google, meanwhile, put a faster Gemini 4 model into Search.
Policy
Senate Banking Chair Tim Scott asked Jensen Huang and Commerce Secretary Howard Lutnick to testify, as White House officials discussed pushing Lutnick out, Reuters reports
On Thursday, Senate Banking Committee Chairman Tim Scott asked Jensen Huang, who has stepped down from Nvidia, and Commerce Secretary Howard Lutnick by letter to testify, and said he would consider a subpoena if Huang does not come voluntarily. Separately, two people told Reuters that senior White House officials were weighing whether to push Lutnick out. Attorney General Todd Blanche said the Justice Department has not concluded whether Alice Huang, who US authorities suspect of spying for China, is a spy.
Policy
Singapore said it barred Alice Huang from re-entry for giving police inaccurate information, and that US agencies gave limited help with server maker Supermicro
Singapore's Home Affairs Ministry published its account of the Megaspeed inquiry: police concluded in February that there was too little evidence that Alice Huang committed the suspected offenses, but said she gave them information she knew to be inaccurate to downplay her role, so she was warned and barred from re-entry. The servers went through Singapore to Malaysia. Supermicro cooperated only in a limited way, it said, and repeated requests to the DOJ and FBI produced limited help. Probes of Megaspeed and six other people continue.
Singapore Ministry of Home Affairs →
Frontier
Google released Gemini 4 Hydrogen, a faster Gemini 4 model priced at $1.50 per million input tokens, and is rolling it out to the Gemini app, API and Search
Google released Gemini 4 Hydrogen, built for quick coding and agentic work beneath its frontier Gemini 4 Carbon and Argon models, and is rolling it out across the Gemini API, AI Studio, the Gemini app and Google Search. It edges Argon on the Artificial Analysis Intelligence Index, 51 to 50 at its default setting, and costs $1.50 per million tokens of input and $7.50 per million of output across a 1 million-token context. Google says it finishes tasks 2.5 times faster than the older Gemini 3.8 Flash.
Policy
Nonprofits including Public Citizen sued OpenAI, Anthropic, Google, Meta and SpaceX's AI unit to stop development of their most advanced AI models
Nonprofits including Public Citizen, the Irreplaceable Education Fund and Heat Initiative sued OpenAI, Anthropic, Google, Meta and SpaceX's AI division in San Francisco, asking a court to halt development of the most advanced models. The suit relies on California's unfair business practices law, calls the work a public nuisance, and cites the companies' leaders on AI's potential to destroy civilization. Florida's request that a judge bar OpenAI from developing new models without outside oversight is still pending.
Compute
A $3.22 billion Microsoft contract with Nscale was terminated after a power provider withdrew grid power for its UK site, Nscale's amended IPO filing shows
Nscale's amended IPO filing says a $3.22 billion statement of work with Microsoft was terminated after the local utility pulled the connection date and power it had allotted to its data center site in Loughton, UK. Nscale called it a London-wide grid issue with no effect on its other contracts; before the cut, its Microsoft deals totaled up to about $43.8 billion. The filing also says Nscale has no binding commitments yet for the financing its Anthropic GPU deal needs, and must raise more to meet 2027 obligations.
Compute
Nebius guided 2026 revenue to the low end of its range as some third-party capacity slipped into 2027, and its shares fell about 16%
Nebius now expects 2026 revenue at the low end of its $3 billion to $3.4 billion range because some third-party data center capacity slipped to the first half of 2027, though the contracts behind it remain in place. Its shares fell about 16% in Thursday trading. Capex for 2026 rises to roughly $27 billion, with $40 billion to $45 billion planned for 2027, 75% to 85% of it covered by prepayments and financing against existing contracts. Third-quarter revenue was $981 million, above estimates; 2027 revenue is guided to $12 billion to $13 billion.
Industry
Cerebras raised its 2026 core revenue forecast to as much as $960 million and said it signed Microsoft as a cloud customer, and its shares jumped 17% after hours
Cerebras raised its 2026 core revenue forecast to $940 million to $960 million, from $880 million to $890 million, and CEO Andrew Feldman said Microsoft has signed on as a cloud customer, with details coming next year. Its shares rose more than 17% in extended trading. Third-quarter core revenue grew 70% to $230.9 million, and remaining performance obligations, underpinned by its OpenAI computing deal, reached $26.1 billion. Feldman said data center availability is still a constraint across the industry.